October3 , 2024

Growing with CAGR of 29.2%

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Growing with CAGR of 29.2%

container security market value size

PORTLAND, OR, UNITED STATES, September 13, 2024 /EINPresswire.com/ — Allied Market Research published a new report, titled, “Growing with CAGR of 29.2% | The Global Container Security Market Size Reach USD 7.57 Billion by 2030.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The global container security market size was valued at USD 571.47 million in 2020, and is projected to reach USD 7.57 billion by 2030, registering a CAGR of 29.2% from 2021 to 2030.

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Rapid digital transformation, presence of a large number of open-source venders offering container platform, and growing inclination toward cybersecurity solutions to promote container security platforms drive the growth of the global container security market. Surge in adoption of cloud-based containers in the major industries is expected to create lucrative opportunities in the near future.

The container security market is segmented into component, product, organizational size, and application. Depending on component, the market is segregated into container security platform and services. On the basis of product, the market is fragmented into cloud and on-premises. By on organizational size, the market is segmented into small & medium enterprise and large enterprises. By application, it is categorized into BFSI, manufacturing, IT & telecom, government, retail & consumer goods, healthcare & life science, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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COVID-19 Scenario

● Increase in need to detect and block malware in order to curtail the risk of cyber-attack has impacted the global container security market positively.

● Also, the growing cyber security solutions across the public sector in the majority of countries have been beneficial for the market growth. This trend is quite likely to continue post pandemic as well.

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Based on component, the container security platform segment dominated with the largest share in 2020, holding nearly two-thirds of the global container security market. A container security platform is a technology used by major businesses to improve the quality of the existing security rules. This factor is driving the segment growth. The services segment, however, is expected to cite the fastest CAGR of 30.4% throughout the forecast period, owing to the fact that container-as-a-service is a technique that enables software developers, and IT teams to cut shipment time by combining the hosted program.

Based on deployment mode, the on-premises segment held the highest market share in terms of revenue, accounting for nearly three-fifths of the global container security market, due to the fact that the necessity for a tightly managed data security platform to safeguard secret information has resulted in a steep increase in the adoption of container security solutions across on-premises platforms. Simultaneously, the cloud segment is estimated to exhibit the fastest CAGR of 30.9% during the forecast period. Container security technology is extensively utilized for cloud-native applications due to several benefits such as greater flexibility, scalability, simplicity of management, and more.

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Based on region, the market across North America dominated the market with major share in 2020, accounting for around two-fifths of the global container security market. This is attributed to the fact that North America is home to a number of key players who offer advanced solutions related to this avant-garde technology. On the other hand, the market across Asia-Pacific is expected to witness the fastest CAGR of 32.7% from 2021 to 2030. This is because the prime players in the container security industry have been developing and adopting various advanced strategies to raise the penetration of AI-powered electronics equipment in the Aisa-Pacific region.

The key players profiled in the container security industry include Alert Logic, Aqua Security, Capsule8, Cloud Passage, Nev Vector, Qualys, Trend Micro, Twist lock, StackRox, and Sysdig. These players have adopted various strategies such as product launch, collaboration & partnership, joint venture, and acquisition to strengthen their foothold in the container security industry.

Thanks for reading this article, you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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Originally published at https://www.einpresswire.com/article/743282751/growing-with-cagr-of-29-2-the-global-container-security-market-size-reach-usd-7-57-billion-by-2030